Vehicle-to-Grid (V2G) technology: Kerala State Electricity Board (KSEB), in collaboration with IIT Bombay, recently launched a pilot project to assess the feasibility of Vehicle-to-Grid (V2G) technology integration with the State’s power grid to evaluate EVs' role in grid support during peak demand when solar energy is not available.
o Function: EVs act as decentralized battery storage systems via bi-directional chargers when not in use.
o Vehicle-to-Home (V2H): EVs power household devices.
o Vehicle-to-Vehicle (V2V): Energy transfer between EVs.
o Peak Load Reduction: EVs discharge energy during peak periods, reducing power plant stress and energy costs.
o Load Balancing: Charging EVs during off-peak hours helps stabilize daily electricity demand.
o Storage for Renewables: V2G stores surplus solar/wind power and releases it during shortfalls.
o Grid Balancing: Offers services like frequency regulation and voltage support.